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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest and dividend income:        
Loans, including fees $ 26,123 $ 28,634 $ 52,937 $ 56,867
Mortgage-backed securities 494 738 1,057 1,508
Other investment securities 246 197 254 325
FHLB stock and other interest earning assets 343 1,173 2,377 2,520
Total interest income 27,206 30,742 56,625 61,220
Deposits:        
Demand 1,562 1,750 3,770 3,326
Savings and club 106 110 211 223
Certificates of deposit 5,695 6,097 12,127 12,087
Total deposits 7,363 7,957 16,108 15,636
Borrowings 1,852 1,920 3,748 3,817
Total interest expense 9,215 9,877 19,856 19,453
Net interest income 17,991 20,865 36,769 41,767
Provision for loan losses 3,300 755 4,800 1,644
Net interest income after provision for loan losses 14,691 20,110 31,969 40,123
Non-interest income:        
Fees and service charges 537 802 1,263 1,685
Gain on sales of loans 57 437 118 755
Gain on bulk sale of impaired loans held in portfolio       107
Gain on sales of other real estate owned   45   53
Gain on sale of investment securities 40 21 40 21
Unrealized gain (loss) on equity investments 442 (26) 2 265
Other 32 49 368 102
Total non-interest income 1,108 1,328 1,791 2,988
Non-interest expense:        
Salaries and employee benefits 5,682 6,918 13,071 13,833
Occupancy and equipment 2,910 2,649 5,734 5,279
Data processing and service fees 951 731 1,889 1,452
Professional fees 398 473 868 1,006
Director fees 365 316 723 634
Regulatory assessments 251 417 572 874
Advertising and promotional 26 123 87 196
Other real estate owned, net 21 124 47 108
Other 1,348 2,143 3,325 4,289
Total non-interest expense 11,952 13,894 26,316 27,671
Income before income tax provision 3,847 7,544 7,444 15,440
Income tax provision 1,121 2,317 2,197 4,762
Net Income 2,726 5,227 5,247 10,678
Preferred stock dividends 341 342 682 659
Net Income available to common stockholders $ 2,385 $ 4,885 $ 4,565 $ 10,019
Net Income per common share-basic and diluted        
Basic $ 0.14 $ 0.30 $ 0.26 $ 0.62
Diluted $ 0.14 $ 0.30 $ 0.26 $ 0.62
Weighted average number of common shares outstanding        
Basic 17,179 16,413 17,340 16,245
Diluted 17,183 16,471 17,366 16,290